ARE THE BUDGET CUTS INEVITABLE?
Currently, the top fifth of our state’s population pays 3% of their income in taxes while the bottom fifth pays 17% making Washington’s the most regressive tax structure in the nation. The newly introduced Initiative 1098 would partially level the playing field by taxing couples with adjusted gross incomes greater than $400,000 annually, or incomes of more than $200,000 for individuals. It also would cut the state property tax by 20 percent and increase the business-and-occupation tax credit to $4,800. It is estimated this initiative would bring in about $1 billion per year for education and health programs.
JOIN US FOR A FORUM ON WHAT I-1098 IS ALL ABOUT AND HOW YOU CAN GET INVOLVED!
Wednesday 6/2 at 7pm, Room 26
Featuring John Burbank, Executive Director of the Economic Opportunity Institute, speaking on behalf of the I-1098 campaign, and Adam Sanchez, an activist involved in the successful campaign for Tax measures 66 & 67 in Oregon!
Download posters:
Tax the Rich - Support I-1098 Panel 11x17
Tax the Rich - Support I-1098 panel - half sheets
